life 200k
CI 100k
premium weaver on dread diseases
PA 100k
medical card 100k/yr

rm2120 pa

I dunno what my insurance name, but i know its Prudential, got medical card, saving n paying rm150 per month

so cheap?

what brand ur insurance?

u check the cash value of ur insurance?

MAA. i design myself 1 the package

Need some clarification on mine

ING
on the policy its stated
CI RM2120 (100k) = Lifestyle Protection Plan
Health Coverage RM325.40

anyone have idea what benefits comes with this?i know the CI36 covers for the 36 types of illness and etc but i was told by my friends they are paying Rm1k+ only for that. Ask my parents they don't know much about it anyway, they say it has some sort saving thingy in it

they got it for me when i was 17 so basically i don't know much bout the policy itself, any help on this?

This post has been edited by bearbear: Feb 22 2011, 10:00 PM

u gt see the sales illustration/quotation give to u before u buy?

from there u can determine when u need to top up.

im an agent myself, i buy do the quotation n calculation myself 1

Is it ILP right?

Can u post such thing?

I wanna checkout ur insurance cost and ur future cash value






This post has been edited by MNet: Feb 22 2011, 10:45 PM

so troublesome. somemore i buy all standalone 1. oni life n CI is 1 then medical n pa is standalone. so my premium will go up if my age band of the medical chg la.

now u paying rm2120 annually for ur insurance?

CI RM2120 (100k) = Lifestyle Protection Plan mean if u kene 36CI then ING will waive ur premium RM2120.

actually i got another 1, 200k life, 200k pa, 200k CI rm856p.a. all term insurance by maakl mutual. its for its investor only

so nice your plan, only rm90. is it from a reputable company ?

btw, lets say if have the money to stay in hospital, i have money to cure illness, i have above average savings, is it wise not to purchase insurance ?
as my family tradition, they didnt purchase any, until now still no even those who are around my age.

insurance planning is part of a good financial planning. in financial planning normally we start from protection->saving->investment. basically insurance can be consider as risk management.
btw, r u sure u have enough $$ for medical which increase 15% per yr? enough saving to sustain ur life style whereby the inflation rate is 6%? even billionaire's buy personal insurance, so.....

then rm2120 pa for term without saving/investment portion then its darn expensive

By looking at the coverage i dont think the premium is expensive.

his life & CI i think ILP coz got waiver of premium.
The medical card annual limit 100k per year..

Quite good plan i can say.

then need to check out how much is the life & CI cost & waiver of premium and medical card.

how much it of this cost to determine cheap or not

in long run, standalone policies will be more expensive then package 1. but if buy standalone i got the option to chg if the company launches new product which normally will be better and cheaper.

if change then u need to wait for waiting period again

+

if u claim before its possible its loading worst they will not accept ur newly buy insurance

Hi all,

Currently I am Prudential medical card holder, but the total
coverage is only RM180K, and every month I paid RM165.

But last 2 weeks another friend from Great Easterm approach
me to buy medical card from him, the total coverage around
RM800k, and every month I paid RM200.

So, I already sign up the Great Eastern and plan to cancel
Prudential, but after that the prudential agent told me their
company is NO.1 in Malaysia. Beside this if anything happen they are
more easy to claim compare to Great eastern, and Great eastern
need to fill a lot a lot of documents, take long time to get payment..
some more Prudential provide post medical as well. All he said is it true??

Anyone have any experience on this before from Great Eastern?

I am really confuse now, I plan to cancel Prudential and start with
Great Eastern, but after listen to the Predential agent, I really no
idea which one to cancel? am I doing the right decision?

Hope can get your advice, thanks thanks so much!!

This post has been edited by kkcoolz: Nov 2 2011, 04:33 PM

Claims would be smooth as long as proper docs are furnished as required for a claim. No proper docs or ambiguity raises more queries for a claim hence prolonging it. This applies across the insurers.

My take on this is simple: If an agent bashes another company without basis as it's usually the case don't go with that agent as he/she is resorting to desperate measures to salvage the business.